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Surya Industrial Corporation to hold AGM

Surya Industrial Corporation to hold AGM

Sep 14,2016

Surya Industrial Corporation announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Indosolar reports standalone net profit of Rs 32.41 crore in the March 2017 quarter
May 29,2017

Net profit of Indosolar reported to Rs 32.41 crore in the quarter ended March 2017 as against net loss of Rs 29.78 crore during the previous quarter ended March 2016. Sales rose 13.66% to Rs 113.09 crore in the quarter ended March 2017 as against Rs 99.50 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 58.19 crore in the year ended March 2017 as against net loss of Rs 141.27 crore during the previous year ended March 2016. Sales rose 71.65% to Rs 442.31 crore in the year ended March 2017 as against Rs 257.68 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales113.0999.50 14 442.31257.68 72 OPM %25.861.98 -16.113.24 - PBDT39.43-23.34 LP -29.71-114.70 74 PBT32.41-29.78 LP -58.05-141.27 59 NP32.41-29.78 LP -58.19-141.27 59

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Refex Industries standalone net profit declines 93.42% in the March 2017 quarter
May 29,2017

Net profit of Refex Industries declined 93.42% to Rs 0.53 crore in the quarter ended March 2017 as against Rs 8.05 crore during the previous quarter ended March 2016. Sales declined 91.49% to Rs 5.82 crore in the quarter ended March 2017 as against Rs 68.37 crore during the previous quarter ended March 2016.

For the full year,net profit declined 91.35% to Rs 0.46 crore in the year ended March 2017 as against Rs 5.32 crore during the previous year ended March 2016. Sales declined 51.61% to Rs 37.72 crore in the year ended March 2017 as against Rs 77.95 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales5.8268.37 -91 37.7277.95 -52 OPM %-4.126.54 -5.733.37 - PBDT0.803.15 -75 1.321.34 -1 PBT0.603.05 -80 0.530.32 66 NP0.538.05 -93 0.465.32 -91

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Time Technoplast standalone net profit rises 41.89% in the March 2017 quarter
May 29,2017

Net profit of Time Technoplast rose 41.89% to Rs 34.55 crore in the quarter ended March 2017 as against Rs 24.35 crore during the previous quarter ended March 2016. Sales rose 26.18% to Rs 491.00 crore in the quarter ended March 2017 as against Rs 389.13 crore during the previous quarter ended March 2016.

For the full year,net profit declined 4.16% to Rs 94.90 crore in the year ended March 2017 as against Rs 99.02 crore during the previous year ended March 2016. Sales rose 16.76% to Rs 1596.14 crore in the year ended March 2017 as against Rs 1367.03 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales491.00389.13 26 1596.141367.03 17 OPM %15.7515.62 -15.5215.46 - PBDT63.8346.31 38 193.32150.85 28 PBT44.8731.69 42 126.9596.00 32 NP34.5524.35 42 94.9099.02 -4

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Autoline Industries reports standalone net loss of Rs 2.42 crore in the March 2017 quarter
May 29,2017

Net Loss of Autoline Industries reported to Rs 2.42 crore in the quarter ended March 2017 as against net loss of Rs 1.14 crore during the previous quarter ended March 2016. Sales rose 26.03% to Rs 109.19 crore in the quarter ended March 2017 as against Rs 86.64 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 69.36 crore in the year ended March 2017 as against net loss of Rs 38.59 crore during the previous year ended March 2016. Sales rose 14.20% to Rs 355.24 crore in the year ended March 2017 as against Rs 311.07 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales109.1986.64 26 355.24311.07 14 OPM %7.217.18 -1.06-0.40 - PBDT-1.67-0.48 -248 -28.03-19.48 -44 PBT-7.45-6.46 -15 -51.51-43.91 -17 NP-2.42-1.14 -112 -69.36-38.59 -80

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Adhunik Metaliks reports standalone net loss of Rs 475.18 crore in the March 2017 quarter
May 29,2017

Net Loss of Adhunik Metaliks reported to Rs 475.18 crore in the quarter ended March 2017 as against net loss of Rs 220.39 crore during the previous quarter ended March 2016. Sales declined 9.26% to Rs 153.20 crore in the quarter ended March 2017 as against Rs 168.84 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 870.86 crore in the year ended March 2017 as against net loss of Rs 399.94 crore during the previous year ended March 2016. Sales rose 43.57% to Rs 659.44 crore in the year ended March 2017 as against Rs 459.32 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales153.20168.84 -9 659.44459.32 44 OPM %-5.43-6.83 --18.78-17.94 - PBDT-88.84-79.78 -11 -416.89-272.61 -53 PBT-117.39-113.34 -4 -541.62-374.11 -45 NP-475.18-220.39 -116 -870.86-399.94 -118

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Shivalik Rasayan standalone net profit rises 16.67% in the March 2017 quarter
May 29,2017

Net profit of Shivalik Rasayan rose 16.67% to Rs 0.91 crore in the quarter ended March 2017 as against Rs 0.78 crore during the previous quarter ended March 2016. Sales declined 25.04% to Rs 8.38 crore in the quarter ended March 2017 as against Rs 11.18 crore during the previous quarter ended March 2016.

For the full year,net profit rose 24.06% to Rs 3.30 crore in the year ended March 2017 as against Rs 2.66 crore during the previous year ended March 2016. Sales declined 3.87% to Rs 40.94 crore in the year ended March 2017 as against Rs 42.59 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales8.3811.18 -25 40.9442.59 -4 OPM %23.0314.40 -16.5411.41 - PBDT1.351.29 5 5.324.37 22 PBT1.251.20 4 4.943.99 24 NP0.910.78 17 3.302.66 24

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Hypersoft Technologies reports standalone net profit of Rs 0.12 crore in the March 2017 quarter
May 29,2017

Net profit of Hypersoft Technologies reported to Rs 0.12 crore in the quarter ended March 2017 as against net loss of Rs 0.11 crore during the previous quarter ended March 2016. Sales rose 226.32% to Rs 1.24 crore in the quarter ended March 2017 as against Rs 0.38 crore during the previous quarter ended March 2016.

For the full year,net profit declined 66.67% to Rs 0.01 crore in the year ended March 2017 as against Rs 0.03 crore during the previous year ended March 2016. Sales declined 32.75% to Rs 1.93 crore in the year ended March 2017 as against Rs 2.87 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales1.240.38 226 1.932.87 -33 OPM %6.4528.95 --7.773.83 - PBDT0.130.17 -24 0.050.34 -85 PBT0.120.16 -25 0.010.30 -97 NP0.12-0.11 LP 0.010.03 -67

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Gulshan Polyols standalone net profit rises 33.38% in the March 2017 quarter
May 29,2017

Net profit of Gulshan Polyols rose 33.38% to Rs 10.07 crore in the quarter ended March 2017 as against Rs 7.55 crore during the previous quarter ended March 2016. Sales rose 26.99% to Rs 147.46 crore in the quarter ended March 2017 as against Rs 116.12 crore during the previous quarter ended March 2016.

For the full year,net profit declined 8.46% to Rs 27.91 crore in the year ended March 2017 as against Rs 30.49 crore during the previous year ended March 2016. Sales rose 13.98% to Rs 494.86 crore in the year ended March 2017 as against Rs 434.18 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales147.46116.12 27 494.86434.18 14 OPM %13.7414.11 -12.2414.00 - PBDT20.1015.84 27 58.9061.55 -4 PBT12.299.30 32 30.9037.82 -18 NP10.077.55 33 27.9130.49 -8

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Goldstone Infratech standalone net profit rises 19.92% in the March 2017 quarter
May 29,2017

Net profit of Goldstone Infratech rose 19.92% to Rs 2.83 crore in the quarter ended March 2017 as against Rs 2.36 crore during the previous quarter ended March 2016. Sales rose 4.17% to Rs 33.99 crore in the quarter ended March 2017 as against Rs 32.63 crore during the previous quarter ended March 2016.

For the full year,net profit rose 3.62% to Rs 6.01 crore in the year ended March 2017 as against Rs 5.80 crore during the previous year ended March 2016. Sales rose 12.82% to Rs 104.88 crore in the year ended March 2017 as against Rs 92.96 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales33.9932.63 4 104.8892.96 13 OPM %24.2718.17 -19.2319.80 - PBDT6.795.63 21 16.0014.38 11 PBT5.444.27 27 10.618.91 19 NP2.832.36 20 6.015.80 4

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Ambika Cotton Mills standalone net profit rises 32.38% in the March 2017 quarter
May 29,2017

Net profit of Ambika Cotton Mills rose 32.38% to Rs 13.94 crore in the quarter ended March 2017 as against Rs 10.53 crore during the previous quarter ended March 2016. Sales rose 15.84% to Rs 137.10 crore in the quarter ended March 2017 as against Rs 118.35 crore during the previous quarter ended March 2016.

For the full year,net profit rose 25.17% to Rs 55.65 crore in the year ended March 2017 as against Rs 44.46 crore during the previous year ended March 2016. Sales rose 6.74% to Rs 515.94 crore in the year ended March 2017 as against Rs 483.36 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales137.10118.35 16 515.94483.36 7 OPM %19.3918.44 -20.2319.10 - PBDT25.7021.88 17 101.2988.88 14 PBT18.2214.27 28 71.9458.96 22 NP13.9410.53 32 55.6544.46 25

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Punj Lloyd reports standalone net loss of Rs 181.58 crore in the March 2017 quarter
May 29,2017

Net Loss of Punj Lloyd reported to Rs 181.58 crore in the quarter ended March 2017 as against net loss of Rs 396.15 crore during the previous quarter ended March 2016. Sales rose 29.33% to Rs 889.98 crore in the quarter ended March 2017 as against Rs 688.13 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 850.58 crore in the year ended March 2017 as against net loss of Rs 1513.71 crore during the previous year ended March 2016. Sales rose 12.34% to Rs 3761.02 crore in the year ended March 2017 as against Rs 3347.82 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales889.98688.13 29 3761.023347.82 12 OPM %-12.33-27.33 --5.08-16.41 - PBDT-197.21-337.75 42 -774.03-1267.38 39 PBT-230.16-381.82 40 -899.16-1495.29 40 NP-181.58-396.15 54 -850.58-1513.71 44

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Suryavanshi Spinning Mills announces resignation of Director & Chairman
May 29,2017

Suryavanshi Spinning Mills announced that Badrinarayan Agarwal, Executive Chairman have resigned from Directorship and Chairmanship of the Company with effect from 27 May 2017.

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Nalco shines after good Q4 result
May 29,2017

The result was announced on Saturday, 27 May 2017.

Meanwhile, the S&P BSE Sensex was up 27.36 points or 0.09% at 31,055.57.

On the BSE, 5.46 lakh shares were traded on the counter so far as against the average daily volumes of 4.19 lakh shares in the past one quarter. The stock had hit a high of Rs 71.40 and a low of Rs 68.50 so far during the day. The stock had hit a 52-week high of Rs 79.85 on 7 March 2017 and a 52-week low of Rs 40.70 on 24 June 2016.

The stock had underperformed the market over the past one month till 26 May 2017, rising 1.79% compared with 2.97% rise in the Sensex. The scrip also underperformed the market in past one quarter, gaining 3.8% as against Sensexs 7.39% gains.

The large-cap company has equity capital of Rs 966.46 crore. Face value per share is Rs 5.

On a consolidated basis, National Aluminium Companys (Nalco) net profit decreased 15.17% to Rs 667.72 crore on 6.36% rise in total income to Rs 7951.31 crore in the year ended 31 March 2017 (FY 2017) over FY 2016.

National Aluminium Company (Nalco) said that the company has been riding on its overall growth in production, improving productivity and sales performance to register a profit in FY 2017. This was despite sluggishness in the metal market across the globe, fluctuating prices in the LME and increase in input costs of raw materials, Nalco said.

Nalco reported significant growth in the FY 2017 in the areas of production and sales. The company achieved 7.65 % growth in bauxite production by recording 100% capacity utilization of 6.825 million tonnes in FY 2017, the highest since inception. The company recorded stellar performance in its refinery segment with a record production of 2.1 million tonne Alumina Hydrate, which represented a jump of 7.53%.

Nalco registered a 4.03% increase in production of metal to 3.87 lakh tonnes at smelter plant in Angul. The company captive power plant also witnessed an increase in power generation at 6066 MU, representing an increase of 3.85% in FY 2017 over FY 2016.

State-run Nalco has integrated and diversified operations in mining, metal and power. The GoI held 74.58% stake in Nalco as per the shareholding pattern as on 31 March 2017.

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Vivimed Labs moves higher after reporting stellar Q4 numbers
May 29,2017

The result was announced on Saturday, 27 May 2017.

Meanwhile, the S&P BSE Sensex was up 68.81 points, or 0.22% at 31,097.02. The S&P BSE Small-Cap index was down 138.51 points, or 0.92% at 14,947.75.

High volumes were witnessed on the counter. On the BSE, 5.04 lakh shares were traded on the counter so far as against the average daily volumes of 2.74 lakh shares in the past one quarter. The stock had hit a high of Rs 127.90 and a low of Rs 114.20 so far during the day.

The stock had hit a record high of Rs 136.40 on 20 April 2017 and hit a 52-week low of Rs 68 on 9 August 2016. The stock had underperformed the market over the past one month till 26 May 2017, declining 5.97% compared with the Sensexs 2.97% rise. The scrip had also underperformed the market over the past one quarter advancing 6.78% as against the Sensexs 7.39% rise.

The small-cap company has equity capital of Rs 16.40 crore. Face value per share is Rs 2.

Vivimed Labs is a niche specialty chemicals and pharmaceuticals company.

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Modi Rubber to hold board meeting
May 29,2017

Modi Rubber will hold a meeting of the Board of Directors of the Company on 29-May-2017 to approval of Audited Financial results of the Company for the year ended on March 31st, 2017

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